alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the support...
The AUD/USD currency pair, representing the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), is currently trading at approximately 0.6623. This level indicates that one Australian Dollar is worth around 66.23 US cents. The...
Introduction Forex trading, also known as foreign exchange trading or currency trading, involves the exchange of currencies on the foreign exchange market. Traders use various methods to predict market movements and make trading decisions, and one...
* GBPUSD: Bearish below the level of 1.2750, targeting the levels of 1.2650, 1.2600 and 1.2560 * Bullish prospects above the level of 1.2750 with target levels at 1.2830, 1.2870 and 1.2940 ...
On the reverse trading, a breached and sustained consolidation above 1.2800 will invalidate my bullish bias, and change the outlook of the currency pair entirely. The Bulls are likely to take control if the pair manages to hold above this level,...